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 Breaking into Investment Banking, Help needed

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Dreamer09
post Mar 23 2014, 08:35 PM

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Dear TS,

The investment banking is a relatively wide society. Therefore, I'm not really sure if you are enquiring for the research, compliance, dealing, online support or other positions in investment banking. However, I will just assume is on the research department.

Similar to what laksamana mentioned, apart from looking into online career portal, it's best to write in to the company's website and enquire about your desired position opening. The link below might be useful to search for all participating organisations with Bursa Malaysia
http://www.bursamalaysia.com/market/securi...-organisations/

If you are still studying, it's best to to an internship with banks which offers graduate trainee programs. This will give you a competitive edge over other potential candidates when it comes to filtering process for interview.

Apart from that, SIDC (Securities Commission Malaysia) actually offers their own Graduate Development Program but I think applications were closed since weeks ago. You will trained for a few months in this program then they will attach you randomly with one of the participating organisations. (My immediate senior undergoes the program and he is part of the research department now). Alternatively, if you are qualified, you can also apply for the Islamic Capital Market Graduate Training Scheme. You can find in the link below;
http://www.sidc.com.my/Programmes-Services...New-Talent.aspx


As you had already experience, the job market is extremely competitive especially for investment banking. If you don't mind, you can go for dealer position first. You will be required to sit for Module 6 and 7 of SC exam to be a licensed dealer. Once passed, you can take on SC's Module 12 and 19A for the research department. From then onwards, keep an eye for any position opening in the research department within your company and apply for an internal transfer. Or you can even just take on Module 12 and 19A while applying for jobs. Best of luck!

Dreamer09
post Jun 29 2014, 03:14 PM

Getting Started
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Junior Member
52 posts

Joined: Nov 2013
QUOTE(wfeng @ Jun 23 2014, 03:13 PM)
When is this program start and end ? I can't find its schedule

Thanks ^^
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Not sure when the program starts cause I never underwent it, but i guess it starts in the beginning of each year and best if you ring them up for your enquiries. That's why its not on their website now.

Just a little about the program. It's a 2 years program. For the first 2 months, you will be in classroom training and at the end of it, you're required to sit for 2 Module papers. The pay, however, is on the lower end cause you basically goes there to study and sit for the exam. Then, you will be guaranteed to have an interview with someone (HR Managers/ Head of Departments) from the IB or stockbroking companies. If you're successful, for the next 22 months, you'll be attach to a random IB or stockbroking company (pay depending on the IB's offer). My senior underwent it and was part of the dealing team for a couple of months before he request to be transfer to the research department. Of course, he took up Module 12 and 19A along the way plus there was a vacant position before the transfer as well.

Oh, there was also an old topic discussing about is as well in https://forum.lowyat.net/topic/1459957/all

Good luck!

This post has been edited by Dreamer09: Jun 29 2014, 03:15 PM

 

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